Does Oracle's (ORCL) Cloud Growth Justify a Buy Decision Today?
Oracle(ORCL) ZACKS·2024-08-22 14:21
Oracle Corporation (ORCL) has been making significant strides in the cloud computing arena, prompting investors to reassess the company's potential as a long-term investment. The company's strategic pivot from traditional on-premises solutions to cloud-based offerings marks a significant shift in its business model. Oracle's cloud strategy, encompassing infrastructure, platform and software-as-a-service solutions, has been a key driver of its recent growth trajectory. In fiscal 2024, the cloud services and ...